National Bank of Kazakhstan on December 20 sold MEUKAM-120 of tenth issue (KZKDKY100102) with total face value of KZT1 bn on KASE at yield to maturity of 9.3000 % APR

/KASE, December 20, 2016/ – A special trading session for the selling of government long-term treasury obligations of Kazakhstan's Ministry of Finance MEUKAM-120 of the tenth issue (KZKDKY100102, MUM120_0010, KZT1,000, KZT28.2 bn, December 21, 2011 – December 21, 2021, annual coupon 5.30 % APR, 30/360, 1,801 days to maturity) by the National Bank of Republic of Kazakhstan was held in KASE trading system today. Below are the parameters of bid and results of the special trading session. BID PARAMETERS: ------------------------------------------------- --------------- Number of participants: 2 Number of orders submitted (total / active): 3 / 3 Volume of active orders*, mln tenge: 2,650.6 Bid to ask, %: 300.0 "Net" price on orders submitted, % (total / active): – minimum 82.1082 – maximum 84.5543 – weighted average 83.0685 Yield on orders submitted, % APR (total / active): – minimum 9.3000 – maximum 10.0200 – weighted average 9.7329 ------------------------------------------------- --------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those, confirmed by Confirmation System participants. AUCTION RESULTS: ------------------------------------------------- --------------- Volume of orders executed, bonds: 1,000,000 Volume of orders executed, tenge: 898,395,777.78 Number of orders executed: 1 Volume of orders executed, % of plan: 100 Cut-off price, % of the face value: 84.5543 "Net" price on orders executed, % of face value: 84.5543 Yield to maturity for buyer, % APR: 9.3000 ----------------------------------------------------------------- The order executed belongs to a second-tier bank; according to the Central Securities Depository (Almaty); the deal on this order by the end of settlements was executed. SELLING TERMS: ------------------------------------------------------------------------------ Term to maturity: 5.0 years (1,801 days) Declared volume at face value, mln tenge: 1,000.0 Trade subject: "net" price Purchase order types: limited Order submission method: open Order acceptance period: 09:00–11:00 Order confirmation period: 09:00–11:30 Striking time: 15:00 Payment date and time: December 20, 2016 before 15:00 (Т+0) Order execution method: at prices of limited offset orders equal to the cut-off price or being the most favorable for the seller Trades initiator: State Institution "National Bank of Republic of Kazakhstan" (Almaty) Trading system sector: MEKAM_ST3 Trading system group: MEUKAM_120 ------------------------------------------------------------------------------ [2016-12-20]